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This document provides provisional approval for Tomorrow\'s Foundation under section 80G for the assessment years 2023-2026, highlighting compliance conditions.
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What is form no 10ac?
Form No 10AC is a form used in India for availing deductions under Section 80G of the Income Tax Act for donations made to certain charitable institutions.
Who is required to file form no 10ac?
Organizations and institutions that seek to claim eligibility for tax deductions on donations received under Section 80G of the Income Tax Act are required to file Form No 10AC.
How to fill out form no 10ac?
To fill out Form No 10AC, the organization must provide details such as its name, address, PAN, registration status under Section 80G, and other relevant information as required in the form. It should be submitted with the necessary supporting documents to the assessing officer.
What is the purpose of form no 10ac?
The purpose of Form No 10AC is to apply for or renew the eligibility for tax deductions under Section 80G for donors making contributions to the organization.
What information must be reported on form no 10ac?
Form No 10AC requires the reporting of the organization's name, address, nature of activities, PAN, the section under which registration is sought, and details regarding any prior approval under Section 80G.
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